ActiveResidential · sale

Address withheld

San Jose, CA 95111

$1,598,000

  • 1,958 sq ft
  • 0.14 acres
  • Built 1969

Listed by Starriver Inc · MLS #ML82066862

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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PROPERTY QUESTIONS & SHOWINGS

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Address withheld, San Jose, CA 95111 · MLS #ML82066862

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Your purchase plans

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1969.

Garage parking

2 garage spaces listed.

Property size

0.14 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Great price for TWO! Rare opportunity to own a fully vacant duplex in highly sought-after rental area in San Jose, featuring two 3-bedroom/2-bath units! Turnkey and move-in ready! Both units offer private entrances, garages, front and back yards, feel like a single-family. Ideal for investors or owner-occupants! Previously rented for $3,800/month per side, never vacant and easy to rent to quality,long-term, family-oriented tenants. Great cash flow! Or Live in one and rent out the other or use as an Airbnb for extra income, or shared by parents, or siblings at a lower cost & Independence. Updated kitchens, new cabinets, stainless steel appliances, new hardwood flooring throughout, fresh interior/exterior paint, and new split AC/heating systems with remote controls. New landscaping with artificial turf and mulch for easy, low-maintenance upkeep. Each side features an attached 1-car garage and driveway, plus plenty of street parking. Tucked away on a quiet interior street in a peaceful neighborhood, near public schools, Valley Christian School, shopping, dining, and easy access to Highways 87, 85, 101, and 280. Both units are vacant, with no existing tenant or lease issues. Ready for the new owner to move in, lease out, or enjoy both units. Don't miss this great opportunity!
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THE NEIGHBORHOOD

Explore the location.

Address withheld, San Jose, CA 95111

Map coordinates are not available for this property.

THE DETAILS

The details, all in one place.

Property type
ResidentialIncome
Category
Residential
Year built
1969
Garage spaces
2
Heating
WallFurnace
Accessibility
None
Zoning
R2
Elementary school
Other
Middle school
Other
High school
Other
Annual property tax
$8,000.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Rental potential, ownership costs and property management

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$4,153.55
Estimated monthly rent$6,658.33
Cap rate3.37%

Annual operating income: $53,837.57

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

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Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #ML82066862 · California Regional MLS

Listing brokerage: Starriver Inc
Listing agent: Cindy Liu

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.